payroll
In 1996, two companies, Patersons HR and Payroll Solutions, formed a venture called CloudPay to provide payroll and payments services to enterprise clients. CloudPay grew quietly over the next several…
Consolidation is afoot in the world of HR services, with larger players snapping up interesting, smaller startups en route to more robust unit economics and providing one-stop shops for customers…
Salsa says it can shorten the amount of time it takes for businesses to create a payroll feature to about a month, and without the engineering complexity.
In the wake of the pandemic, more and more companies are relying on independent contractors to sustain and grow their businesses — and more people are turning to freelancing. According…
Remofirst raises $14.1M to make it cheaper and easier for businesses to hire remote workers globally
Remote work has never been as accepted, or mainstream, as it is today. Yet some businesses hesitate to explore the option of hiring people in other countries because the prospect…
It always feels good to get paid, so it’s no surprise that a payroll model like earned wage access (EWA), which lets employees withdraw their accrued wages at any time,…
Earned wage access promises to be the shakeup that the payroll system has perhaps required for a while now.
It’s clear that remote and hybrid work are here to stay — the pandemic forever changed the way many companies do business. But it’s introduced roadblocks from an HR perspective.…
In spite of the so-called Great Resignation, wages haven’t risen as dramatically as some economists anticipated. About 41% of workers recently surveyed by Willis Towers Watson say that they’re living…
Personio nabs $200M at a $8.5B valuation as its HR for small businesses hits the big time
Personio — a startup out of Munich, Germany that styles itself as a Workday and ServiceNow focused on the small and medium businesses of the world — went on a…
You don’t want to be doing a great thing for your business — finding the right talent in the right location — and then be hit with a penalty because…
Gusto, an HR technology unicorn worth nearly $10 billion, has raised an extension to its 2021-era Series E funding round. That funding event included $175 million in primary capital, a…
Symmetrical.ai, a payroll tech provider, today announced that it raised $18.5 million in financing led by Target Global with participation from Global Founders Capital, Finch Capital, Partech, Market One Capital…
Remote raises $300M more, now at a $3B+ valuation, to manage payments and more for globally distributed workforces
Remote workforces have come into their own in the last several years, with companies ever more willing to tap into talent wherever it happens to be, and a vast array…
Atomic lands $40M in funding, just five months after its Series A, to connect banks and fintechs to consumers’ paychecks
Atomic, a provider of payroll APIs, has raised $40 million in Series B funding just five months after announcing its Series A financing. Mercato Partners and Greylock co-led Atomic’s latest…
Earnipay, a fintech that provides flexible and on-demand salary access to income-earners, has raised $4 million in seed financing led by early-stage venture capital firm Canaan. Participating investors include XYZ…
Six months after its $20 million Series A, payroll connectivity platform Pinwheel just announced that it has nabbed another $50 million in a round led by new investor GGV Capital. …
Africa’s appetite for cloud computing software continues to increase as connectivity and bandwidth opportunities push boundaries. Per reports, the continent’s cloud computing industry coupled with the Middle East is expected…
French startup PayFit just announced that it closed a new $289 million Series E round (€254 million) before the holidays. Following this round, the startup has reached a post-money valuation…
One of the biggest pain points for any business, but especially SMEs, is managing payroll. A startup that has built payroll automation software to make the process less painful, Pento,…
Employees don’t leave or stay because of their pay, but an opaque model for allocating compensation exacerbates feelings of disconnection and lowers engagement.
Founded by entrepreneur Parker Conrad in 2013, the HR company Zenefits was quickly anointed one of the fast-growing companies in Silicon Valley, with a valuation that soared to $4.5 billion…
The platform is available in across all 50 states and is designed for any type of employee leave, like parental, medical, caregiver or bereavement.
Factorial, a startup out of Barcelona that has built a platform that lets SMBs run human resources functions with the same kind of tools that typically are used by much…
Homebase raises $71M for a team management platform aimed at SMBs and their hourly workers
Businesses use Homebase to manage activities related to hourly workers, including payroll, shift scheduling, timeclocks and timesheets, hiring and onboarding, communication and HR compliance.
Remote raises $150M on a $1B+ valuation to manage payroll and more for organizations’ global workforces
For many of us, going to work these days no longer means going into a specific office like it used to; and today one of the startups that’s built a…
Vara raises $4.8M from investors like Go Ventures and Sequoia India’s Surge to digitize Indonesian SMEs’ payrolls
If you follow startup news from Indonesia, you know that the country’s estimated 60 million small businesses are a hot target for tech companies. BukuKas and BukuWarung, for example, both…
One of the most strategically important financial relationships for neobanks is becoming the account destination for a user’s paycheck. If you’re a bank and you own that specific relationship, users…
Payroll automation is not exactly the sexiest of startup areas but it’s a pretty decent business. The larger startup in the space is Payfit, which has raised upward of $208.4…
French startup PayFit has raised a $107 million series D funding round (€90 million). Eurazeo Growth and Bpifrance’s Large Venture fund are leading today’s round. Existing investors Accel, Frst and…